$5.16B housing bond bill adds resources for new units; makes sweeping policy changes to simplify and incentivize development. The Massachusetts Legislature passed the Affordable Homes Act, the largest housing investment in Massachusetts history and a powerful first step in tackling the state’s housing affordability crisis. On August 6, Governor Maura Healey signed this historic bill into law. The legislation authorizes $5.16 billion in bond authorizations and tax credits to spur housing production in Massachusetts while implementing sweeping policy initiatives to facilitate the development of affordable housing and preserve public housing in Massachusetts.